Month: June 2025

Companies Warn SEC That Mass Deportations Pose Serious Business Risk

Other filings suggested a recession could come even earlier. The community bank Hanmi Bank, under its holding company Hanmi Financial Corp., said in an SEC filing that “the combination of tariffs, rising inflation, deportations, global political unrest and tensions, and reduced credit availability” could cause “a mild recession in 2025.” Some companies said that deportations […]

Inexpensive AI Agents Threaten Entry-Level Coding Jobs

Zhang says his company makes money on each individual conversation after excluding certain overhead costs, but he declined to comment on the startup’s overall profitability. With $100 million raised from venture capitalists including Andreessen Horowitz and Accel, Decagon has the flexibility to prioritize growth over profitability. “Whether we could be pricing more, it’s always like […]

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